MBA602_T3_2019_Assessment_1_v1 1 KBS ASSESSMENT 1 OUTLINE Assessment Information Subject Code: MBA602 Subject Name: Small Business Administration Assessment Title: Assessment 1: Individual Video...

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MBA602_T3_2019_Assessment_1_v1 1 KBS ASSESSMENT 1 OUTLINE Assessment Information Subject Code: MBA602 Subject Name: Small Business Administration Assessment Title: Assessment 1: Individual Video Presentation Weighting: 30% Total Marks: 30 Time Limit: 10 minutes Submission: Via Turnitin Due Date Week 5 This Assessment Task will address the following Learning Outcomes: LO1: Evaluate the skills required to manage the ongoing demands associated with small business proprietorship LO2: Analyse small business management decision making and strategies for success Assessment Description Each student is to submit a 10-minute video presentation covering the following questions. • What is the difference between an entrepreneur and a small business owner? Which one are you or do you think you are? Why? • What skills are required to manage the on-going demands associated with running a small business? Which ones do you have? What are your skill gaps? What must you do to fill those gaps in order for you to have a successful business? • What is your passion? Do you think you could turn that 'passion' into a successful small business? Why or why not? • Research a small business owner or entrepreneur that you admire or aspire to be like. State why you chose this person. Analyse his/her business decisions throughout the small business journey and discuss what were some key strategies that led to his/her success. For the slides: • When you record your presentation, you also must turn on the video so you can be seen in the presentation. • You are encouraged to be creative with your slide presentation. Try not to use too many words on the slide. Remember – “A picture says a thousand words”. Use appropriate pictures / photos that support your talk. 2 KBS ASSESSMENT 1 OUTLINE • You should not have more than 10 slides. For example: Slide 1: Cover slide Slide 2: Background of yourself Slide 3: Entrepreneur vs Small Business Owner Slide 4: Skills Slide 5: Skills Slide 6: Passion / Business Idea Slide 7: Owner / Entrepreneur you admire. Slide 8: Owner / Entrepreneur business journey / strategies Slide 9: Final slide / closing Slide 10: References (minimum 6) Grading Scale This assessment will be marked using the attached rubric. Important Study Information Academic Integrity Policy KBS values academic integrity. All students must understand the meaning and consequences of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct Policy. For details on academic integrity policies and penalties, the reassessment process, and the appeals process, please refer to http://www.kbs.edu.au/current-students/student-policies/. Word Limits for Written Assessments Submissions that exceed the word count / time limit / slide count by more than 10% will cease to be marked from the point at which that limit is exceeded. Study Assistance Students may seek study assistance from their local Academic Success Centre representative or refer to the study help on the MyKBS Academic Success Centre page. You can find this by clicking on the top page toolbar: My Services>Academic Success Centre>Study Support Resources http://www.kbs.edu.au/current-students/student-policies/ KBS ASSESSMENT 1 OUTLINE Criteria F (Fail) 0%-49% P (Pass) 50%-64% CR (Credit) 65%-74% D (Distinction) 75% - 84% HD (High Distinction) 85%-100% CONTENT (20) Self Reflection (10) • Included personal background • Entrepreneur vs Small business owner • Skills • Passion / business Answered some of the areas with poor or nil explanations and personal insights. Very little depth on skills and skill gaps. Strategies were weak regarding how to fill those gaps in order to have a successful business. Passion was not identified nor discussed. Answered the three areas with little explanation. Personal insights lacked depth. Skills and skill gaps discussion lacked depth. Strategies could have been much stronger regarding how to fill those gaps in order to have a successful business. Identified passion but needed a much stronger explanation on how it could be turned into a successful business. Answered all three areas with average explanations and personal insights. Could have had more depth on skills and skill gaps. Strategies could have been stronger regarding how to fill those gaps in order to have a successful business. Identified passion but could have had a stronger explanation on how it could be turned into a successful business. Answered all three areas completely with very good explanations and personal insights. Clear on skills and skill gaps along with good strategies how to fill those gaps in order to have a successful business. Identified passion and explained if it could be turned into a successful business. Answered all three areas completely with excellent explanations and personal insights. Very clear on skills and skill gaps along with strong strategies how to fill those gaps in order to have a successful business. Identified passion and explained if it could be turned into a successful business. Business Success Strategies (10) • Did not identify or briefly identified small business owner / entrepreneur. Nil or very little analysis of the person’s business decisions. Nil or very few key strategies explained regarding the person’s success. Identified small business owner / entrepreneur though there needed to be more explanation as to why the person is one of inspiration. Analysis of the person’s business decisions needed more depth as well as the key strategies towards his/her success. Identified small business owner / entrepreneur and briefly explained why the person is one of inspiration. Good analysis of the person’s business decisions but could have had more depth. Good explanation of key strategies towards his/her success. Clearly identified small business owner / entrepreneur and gave very good explanation as to why the person is one of inspiration. Very good analysis of the person’s business decisions. Very good explanation of key strategies towards his/her success. Clearly identified small business owner / entrepreneur and thoroughly explained why the person is one of inspiration. Excellent and thorough analysis of the person’s business decisions. Clearly identified and discussed the key strategies towards his/her success. DELIVERY (10) Use of visual aids (5) Presents content with no PowerPoint or overhead slides. Presenter uses graphics but are not supported by text or presentation. Text is too dense – too much info on slide. Presenter uses graphics but often differs from verbal presentation. Not summarised so presenter ends up reading off board. Text clearly summarises the key points. Graphics and text do not distract attention from the speaker or content. Use of visual aids consistent across entire presentation. Graphics and text well integrated into presentation. Text is appropriate for the content. Visual presentation complements rather than dominates presentation. Non-Verbal and Verbal Delivery (5) Presenter reads notes the entire time. Distracting gestures (fidgeting) while presenting. Excessive use of filler words (e.g. um, er, ah, like). Use of offensive language. Use of slang. Presenter speaks in muffled voice. Some use of filler words. Audience members would have difficulty understanding presentation. Voice is generally clear. Some reading off notes. Sometimes difficult to understand because of rushed speech. Presenter shows expression consistent with presentation. Uses gestures to point out or highlight presentation materials Voice is clear. Little use of filler words. Acts in a professional manner. Presenter shows enthusiasm for their own work. Uses a clear voice and correct, precise pronunciation of terms so that all audience members would be able to understand presentation. Acts in a very professional manner.